- #263 C Venkateswara Reddy ₹14,100 Cr

About Indu Projects Limited
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Indu Projects Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 December 2001 and has been in existence for over 25 years.
Its director C Venkateswara Reddy is #263 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45200TG2001PLC038175. Its GSTIN is 36AAACI8812M1ZA (Telangana). The company holds 20 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹206.58 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Jyothi Badwelu and Venkateswara Reddy Chennuru.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1009 Indu Fortune Fields 13th Phase Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2024, the company reported a revenue of ₹142.29 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹123.18 Cr (net margin 86.6%) and EBITDA of ₹125.94 Cr (EBITDA margin 88.5%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years.
The company has about 19 employees on its provident fund (EPFO) records. Its group structure includes 20 subsidiaries.
The company is associated with 1 brand: Indu Group. As per MCA filings, the company has satisfied charges of ₹7,473.58 Cr on record. Court records list 324 cases involving the company, including 104 filed by the company and 221 filed against it; 87 cases are pending. The company has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,019.5 Cr; the latest was in March 2019. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 119 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website induprojects.com.
Company details
CIN history
Indu Projects has one previous CIN (Corporate Identification Number): U45200AP2001PLC038175. The current CIN is U45200TG2001PLC038175, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200TG2001PLC038175 | Current |
| U45200AP2001PLC038175 | Previous |
Recognitions & Rankings of Indu Projects
Contact details
Indu Projects Limited's registered office is in Hyderabad, Telangana. Its website is induprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1009 Indu Fortune Fields 13th Phase Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Indu Projects Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Indu Projects operates one associated brand: Indu Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy infrastructure projects and real estate services are developed. | induprojects.com |
Business activity
The main business activity of Indu Projects is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Indu Projects Limited, buy the company report.
Financials of Indu Projects Limited
FY 2025 filings availableIndu Projects Limited reported revenue of ₹142.29 Cr (up 935% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over three years, including 935% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹125.94 Cr | ||||
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| Net Profit (PAT) | ₹123.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.5% | ||||
| Net Profit Margin | 86.6% | ||||
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To see the full financial statements and ratios of Indu Projects Limited, buy the company report.
Board of directors of Indu Projects Limited
Indu Projects has 3 current directors and 27 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothi Badwelu | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Venkateswara Reddy Chennuru Also directs: Sai Srinivasa Properties and Technologies LLP, Classic Featherlite Waterfront Developers LLP, Aparna Green Housing LLP and 5 more | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
| Subba Reddy Badwelu Also directs: Hitec Cyberspazio LLP, Hitec Cyber City Spaces LLP, Orange Liner Properties Private Limited and 5 more | Director | 01 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Indu Projects Limited is audited by M.N.Rao & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.N.Rao & Associates | FY 2023 | 005386S |
Shareholding
The shareholding of Indu Projects Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indu Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2012 | 10394729 | Bank of India | ₹2,863.5 Cr | Satisfied | |
| 25 Jul 2011 | 10304758 | Srei Equipment Finance Private Limited | ₹25.67 Cr | Satisfied | |
| 26 Apr 2011 | 10292078 | Bank of India | ₹380 Cr | Satisfied | |
| 30 Mar 2011 | 10287553 | Bajaj Finance Limited | ₹1.18 Cr | Satisfied | |
| 31 Jan 2011 | 10267824 | Bajaj Finance Limited | ₹90.02 Lakh | Satisfied |
To see the full charge records of Indu Projects Limited, buy the company report.
Total charge records: 62 View all charges
Deals & funding
Indu Projects Limited has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,019.5 Cr; the latest was in March 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Unity Stone Investments Co (Mauritius) Ltd Seller: Credit Suisse Private Equity |
| Aug 2008 | Funding round | ₹223.18 Cr | Investors: Credit Suisse Private Equity |
| Mar 2008 | Funding round | ₹1.17 Cr | Investors: 4 individuals |
| Dec 2006 | Funding round | ₹9.94 Cr | Investors: Maple Holdings Limited |
| Apr 2006 | Funding round | ₹18 Cr | Investors: Maple Holdings Limited , an individual |
To see the full deal history of Indu Projects Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indu Projects Limited has 324 court cases on record: 104 filed by Indu Projects, 221 filed against it. 87 cases are pending and 237 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 149 | 119 | 62 |
| High courts | 134 | 67 | 15 |
| NCLAT | 25 | 21 | 5 |
| Supreme Court | 13 | 11 | 5 |
| NCLT | 3 | 3 | 0 |
Cases on record (5 of 324)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4301-Service Laws : Appointment, Compassionate appointment, temporary appointment, recruitment,probation and confirmation, suspension, reduction in rank, termination, dismissal, removal, retirement, disciplinary proceedings against employees) | Filed against the company by individuals | Pending |
| Supreme Court | Court case (0902-Civil Law : Execution of decrees, matters arising out of Order XXI, of the Code of Civil Procedure, 1908) | Filed by the company against Finance and Investment Corporation and 30 others | Pending |
| Supreme Court | Court case (4301-Service Laws : Appointment, Compassionate appointment, temporary appointment, recruitment,probation and confirmation, suspension, reduction in rank, termination, dismissal, removal, retirement, disciplinary proceedings against employees) | Filed by the company against Haryana Public Service Commission (HPSC) and 4 others | Pending |
| District court, Ernakulam, Kerala | Criminal case | Filed against the company by SML Finance Ltd | Pending |
| District court, Azamgarh, Uttar Pradesh | Criminal case | Filed against the company by Shriram Finance Limited | Pending |
To see the full case history of Indu Projects Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Indu Projects Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 119 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Itp Limited | |||
| Shankar Brothers | |||
| Rattan Enterprises | |||
| Qapita Equitytech Limited |
To see the full MSME payment records of Indu Projects Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indu Projects has 20 subsidiary companies and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indu Genome Valley Private Limited | U01403TG2008PTC057515 | |
| Indu Mineral Exploration (India) Private Limited | U26900TG2008PTC058444 | |
| Kaviti Power Private Limited | U40102TG2009PTC064890 | |
| Stellar Energy Technologies Private Limited | U40106TG2008PTC059160 | |
| Asara Energy Ventures Private Limited | U40108TG2008PTC057690 | |
| VK Projects Private Limited | U45200TG2000PTC034756 |
To see the full group structure of Indu Projects Limited, buy the company report.
Employees & EPFO
Indu Projects Limited has a workforce of 19 employees on its EPFO records as of Sep 20, 2024, across 6 active EPFO establishments.
GST
Indu Projects has 20 GST registrations: 9 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACI8812M1ZA | Telangana | Active | 01 Jul 2017 |
| 07AAACI8812M1ZB | Delhi | Active | 01 Jul 2017 |
| 09AAACI8812M1Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
| 20AAACI8812M2ZM | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indu Projects Limited, buy the company report.
Recent activity
Indu Projects Limited has 28 board changes on record since 2005: 3 appointments and 25 cessations. The latest: Jyothi Badwelu ceased to be Additional Director on 29 Sep 2024.
166 earlier events are in the company report.
Frequently asked questions
Indu Projects is an active public limited company based in Hyderabad, Telangana, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 December 2001 (25+ years old) and is registered under CIN U45200TG2001PLC038175.
Indu Projects has 3 current directors:
- Jyothi Badwelu - Director
- Venkateswara Reddy Chennuru - Director
- Subba Reddy Badwelu - Director
The latest financial statements of Indu Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indu Projects is 36AAACI8812M1ZA, registered in Telangana. The company has 20 GST registrations in all, of which 9 are active and 11 are cancelled or inactive. Other active GSTINs include 07AAACI8812M1ZB (Delhi), 09AAACI8812M1Z7 (Uttar Pradesh), 20AAACI8812M2ZM (Jharkhand).
The CIN (Corporate Identification Number) of Indu Projects is U45200TG2001PLC038175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indu Projects has 324 court cases on record: 104 filed by the company and 221 filed against it. 87 are pending. Most are in the district courts.
Indu Projects was incorporated on 07 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Hyderabad.
Indu Projects has 7 deals on record (6 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,019.5 Cr; the latest was in March 2019.
Jyothi Badwelu ceased to be Additional Director on 29 Sep 2024. Subba Reddy Badwelu ceased to be Additional Director on 29 Sep 2024. Venkateswara Reddy Chennuru ceased to be Additional Director on 29 Sep 2024. Indu Projects has 28 board changes on record in total.
Indu Projects has 13 MSME Form 1 returns on record between 2019 and 2023, listing 119 overdue payments to 9 micro and small suppliers. The latest return was filed on 14 Nov 2023.
Indu Projects can be reached through the website induprojects.com. Its registered office is in Hyderabad, Telangana, India.